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Apple posted one of its best quarters ever. Revenue hit $143.8 billion (up 16%), and EPS came in at $2.84 (up 19%). iPhone revenue was $85.3 billion, up 23% year-over-year. China revenue jumped 38%.
Apple is about to report its strongest revenue growth in four years. The iPhone 16 is selling like crazy. But the real story is China—Apple reclaimed the #1 spot with 21.8% market share. Is this a real comeback or a temporary bounce?
Apple posted a record September quarter with $94.9B in revenue. Services hit an all-time high at nearly $25B. But there's an asterisk: Apple paid $10.2B to Ireland after losing an EU tax case. Greater China came in basically flat, missing expectations.
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